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Home » US Law » 2022 Iowa Code » Title XIII - COMMERCE » Chapter 515E - RISK RETENTION GROUPS AND PURCHASING GROUPS » Section 515E.9 – Purchasing group restrictions.

515E.9 Purchasing group restrictions.

A purchasing group shall not purchase insurance from an insurer not admitted in this state unless the purchase is effected through a duly licensed insurance producer acting pursuant to chapter 515I.

88 Acts, ch 1111, §10; 90 Acts, ch 1234, §44; 2007 Acts, ch 152, §81; 2012 Acts, ch 1025, §19, 22